Uniswap Labs in Talks to Raise Round at $1 Billion Valuation
The startup is aiming to raise between $100 million and $200 million.
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Recent Editions
ServiceTitan CFO Burt Steps Down
Burt's departure could complicate software firm's plans to go public anytime soon.
Judge Denies Musk Request for More Twitter Documents
Musk will have to argue his case without more documents on mDAU.
Microsoft Says Hackers Are Breaching Exchange Servers
It’s the second time in two years the company has scrambled to respond to major security flaws in its widespread email software.
Top Apple Supply Chain Executive Leaves After Crude Remark on TikTok
Apple Vice President Tony Blevins was known as a hard-charging supply chain executive who had a knack for driving down prices.
Google to Shut Down Stadia Cloud Gaming Service
Stadia, Google's three-year-old foray into cloud game streaming, will be shut down in January due to a lack of adoption.
Peloton to Sell Through Dick’s Sporting Goods
Peloton shares fell 15% to a new low of below $7 in response to the news.
Facebook Parent Meta Announces Hiring Freeze
Facebook parent company Meta Platforms told employees it was freezing hiring and restructuring some teams.
Chinese Video App Bilibili to Change Hong Kong Listing Status
The move, which makes it easier for investors in mainland China to buy Bilibili's Hong Kong-listed shares, comes as the stock has fallen 66% this year.
Apple Removes Russia’s Largest Social Media App
Apple said its removal was due to recent U.K. sanctions against Russian parties amid the country’s war with Ukraine.
TripActions Said to File Confidentially for IPO
The filing suggests some tech startups and their investors are hopeful the IPO market will reopen next year.
Stripe Revenue Rises 66% to $2.255 Billion for Dublin-based Unit
Pre-tax losses fell to $22.12 million from $135.5 million.
Amazon Boosts Average Warehouse Worker Pay By $1 an Hour
Amazon is boosting its average starting pay for hourly employees by about a dollar.
Tesla Adds Airbnb Cofounder to Board of Directors
Joseph Gebbia replaces Oracle Chairman Larry Ellison.
TikTok Owner ByteDance Expands Number of Maximum Board Seats
The move raises questions about whether ByteDance could add new independent board members as part of its negotiations with the U.S. government.
Apple Cuts iPhone 14 Orders For Rest of the Year
Apple's demand forecasts are critical to suppliers as they bear the costs for excess components.
Lyft Freezes All U.S. Hiring Until End of Year
Lyft is one of the first companies to detail plans for the fourth quarter.
FTX US Wins Bankruptcy Auction for Voyager Assets
Voyager’s bankruptcy claims against Three Arrows Capital, the beleaguered crypto hedge fund, will stay with the bankruptcy estate and go to creditors.
FTX US President Brett Harrison Resigns
Harrison’s exit is the latest in a series of high-profile resignations sweeping the cryptocurrency industry
CEO of Bankrupt Crypto Firm Celsius Steps Down
Alex Mashinsky’s resignation comes weeks after the New York Times reported that he was planning a comeback for Celsius.
Weekday mornings
The Information AM by The Information Staff
Start your morning with the important global tech news of the day, covered by The Information team across five time zones.
By providing your email, you agree to The Information’s Privacy Policy